Calculate the effective stock of manpower, HR Management

Assignment Help:

Question:

(a) Explain the direct method of forecasting workforce at the macro level. What are its main limitations?

(b) The stock of mechanics in District Z stood at 2500 at the end of year 2002.

Assuming that the:

(i) annual outturn for this skills category is estimated to be 100, 200, 300, 400, 500, 600 and 700 from 2003 to 2009;

(ii) 10% of annual outturn follow professional courses;

(iii) rate of attrition is 5% every year and

(iv) the labour force participation rate is 75% .

Calculate the effective stock of manpower and the corresponding labourforce from the year 2002 to 2009.

Round up the figures whenever required to obtain integers.


Related Discussions:- Calculate the effective stock of manpower

Recruiting and selecting employees-human resource , Recruiting and selectin...

Recruiting and selecting employees In recruiting and, selecting employees an organization may decide to recruit either from outside or promote staff who are already in the orga

Limitations of the critical incident methods, Limitations of the Critical i...

Limitations of the Critical incident methods: a. Negative incidents are generally more noticeable than positive ones. b. The recording of incidents is chore to the supervis

Process of performance appraisal, Process of performance appraisal: Pe...

Process of performance appraisal: Performance appraisal is planned developed implemented through a series of steps: Job analysis job description and job specification: perf

Qualitative data, Qualitative data Qualitative data comprises recordin...

Qualitative data Qualitative data comprises recordings of individual perceptions - the meaning that events or incidences have to those involved. It is held as notes of intervi

Clothing as a management consultant , explain what Oz Clothing''s strategic...

explain what Oz Clothing''s strategic business objectives might have been in the past and discuss how they may have affected IR policies and practices?

Recruitment and selection process, Describe the events that takes place fro...

Describe the events that takes place from the moment a vacancy arises in an organization.

Prepare brief notes on the logical storage manager, Question: (i) Writ...

Question: (i) Write brief notes on the Logical Storage Manager. (ii) Draw the Logical Storage Manager Software Architecture, and explain the function of the Volume Device

Maslow''s need hierarchy , Given below is the HR policy glimpse of the "VA...

Given below is the HR policy glimpse of the "VARK-LEARNING" a learning and  training solutions company 1. It offers cash rewards for staff members 2. It promotes the culture

Show industrial democracy, Q. Show Industrial democracy? participation ...

Q. Show Industrial democracy? participation of workers in management is claimed to usher in an area of industrial democracy. Worker's participation in management is a crystalli

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd